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Tag: Brent crude

Oil tanker and gas tanker cargo ships on the high sea
Posted inMarkets

Brent crude tops $78 on fresh US strikes as Trump weighs targeting Kharg Island

by newanalytica9 July 2026

Brent crude settled above $78 a barrel on Wednesday, up more than 5%, after the US launched a second day of strikes on Iran, the US Treasury revoked Tehran’s oil sanctions waiver, and Iran threatened to close the Strait of Hormuz.

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